LayerZero Labs

Cross-chain messaging, Omnichain Fungible Tokens, OFT, Zero blockchain

BC$3B privateest. 2021layerzero.network (opens layerzero.network)Checked 10 Oct

The brief

Analyst view
  • Three UNH networking researchers co-founded LayerZero in February 2021 to solve cross-chain messaging.
  • LayerZero v2 powers OFT standard for Tether, Circle, and DeFi. $87B bridged, 165+ chains connected.
  • Zero L1 (announced Feb 2026) backed by Citadel, DTCC, ICE. Mainnet launch targeted Q4 2026.

Technical approach

As reported
Ultra-light clients

Stateless cross-chain messaging

Ultra-light clients verify only block headers, not full state. Reduces overhead and allows any blockchain.

Configurable security

DVN security stack

Developers choose from 60+ Decentralized Verifier Networks instead of trusting one validator.

OFT standard

Omnichain Fungible Tokens

OFT lets assets exist natively on multiple chains. Tether's USDT0 mints/burns per chain, 1:1 backed.

OneSig

Cross-chain transaction signing

Sign and execute transactions across multiple blockchains with a single signature (released May 2025).

Primer